Archive for January, 2011
Promising more to come, U.S. GDP picks up speed in 2010’s fourth quarter
The U.S.
Housing Rebounds from Mid-Year Decline
Housing market activity progressively improved late in 2010 returning home sales to above the average level over the past year. Starts also improved late in 2010 but remained short of the artificially high levels during the homebuyer tax credit period.
Immigration fuelled Canada’s population growth in Q3
Driven by a net inflow of international immigrants (+84,200), Canada’s population increased by an estimated 129,300 (1.5% quarter over quarter at annual rates) in the third quarter of 2010.
Sustained Rise in Construction Project Costs Now Underway
Construction project costs began to rise in 2010 with several years of progressively higher project cost inflation ahead. This is based on the most comprehensive measure of construction costs, the implicit price deflator for structures in the GDP accounts.
U.S. potential homebuyers waking up to price and mortgage rate advantages
At least the latest news on U.S.
